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Jun 22, 2022
06/22
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in california, the tax amounts to $.77 per gallon. that would be asking a lot for california to give up that tremendous source of revenue. kristen: are we paying more right now in the summer? >> yes, that is right. there is a more expensive summer gasoline. it differs from what the rest of the country is using in the summer months. kristen: how unprecedented is this, or has it been done many times before when americans are struggling and gas prices are high, that the government puts a pause in the gas tax? >> i have never seen anything like it. the other question is will congress votes to pass this? that is the other big question. we have never seen it done in history. kristen: what is the long-term solution and what is the short-term solution? >> the long-term solution would be to increase our energy security, looking at increasing the refinery capacity. in the short term, americans could curb their consumption, but that is proving difficult. keep in mind we are also coming out of the pandemic as well. americans have an appetite to h
in california, the tax amounts to $.77 per gallon. that would be asking a lot for california to give up that tremendous source of revenue. kristen: are we paying more right now in the summer? >> yes, that is right. there is a more expensive summer gasoline. it differs from what the rest of the country is using in the summer months. kristen: how unprecedented is this, or has it been done many times before when americans are struggling and gas prices are high, that the government puts a...
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Jan 22, 2017
01/17
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reform so americans' tax returns look better this year. we need a treasury secretary. commerce secretary. a new government that works. we hope they'll meet the call very soon. >> i know the office of government ethics has cleared jared kushner. saying he's in full compliance. there are questions of the overall conflict of interest rules with the white house right now and the president. we don't have time for that today.
reform so americans' tax returns look better this year. we need a treasury secretary. commerce secretary. a new government that works. we hope they'll meet the call very soon. >> i know the office of government ethics has cleared jared kushner. saying he's in full compliance. there are questions of the overall conflict of interest rules with the white house right now and the president. we don't have time for that today.
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Jul 27, 2021
07/21
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well, that investment can give you tax-free cash just when you need it. learn how americans 62 years and older are accessing $100,000s in tax-free cash with a reverse mortgage loan to pay bills cover medical costs create emergency funds and more if i thought a reverse mortgage was just some kind of trick to take your home i wouldn't even be here. it's just a loan. call now to get your free information kit! look, reverse mortgages aren't gonna work for everyone. but, if you're looking for some extra cash for whatever reason. your home's equity just might be the right talk to aag for the best reverse mortgage america's leader in reverse mortgages is ready to help you reach your retirement why don't you give aag a call? i trust 'em. you can too. ♪ ♪ >>> time now for our "wait, what?" we could start every wait, what in florida. so let's do that now. >> let's go ahead. "wait, what?" >> sheriffs deputies were called to the scene when this washed up on a beach just north of daytona beach. it turned out to be an aquatic vehicle. the latest attempt by a runner
well, that investment can give you tax-free cash just when you need it. learn how americans 62 years and older are accessing $100,000s in tax-free cash with a reverse mortgage loan to pay bills cover medical costs create emergency funds and more if i thought a reverse mortgage was just some kind of trick to take your home i wouldn't even be here. it's just a loan. call now to get your free information kit! look, reverse mortgages aren't gonna work for everyone. but, if you're looking for some...
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Sep 13, 2012
09/12
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z there is no tax on weather. >> yes. yes. that is real. >> and there is a look at our forecast for tomorrow, going to be a sunny day in the bay area, and there is coast to inland summer spread if affect. highs into 60s at the coast to 90s inland. and here is the accu-weather forecast. mid-90s inland locations there is upper 50s on the coast and still warm. bigger cool down sunday, and that continues into next week approaching fall. and there is up in the sky. those aren't just cloud coverings. they're digits of the number pie. first thousand digits, no less and there is five flames to find the numbers. the brain child of one an san -- san francisco artist that wants to raise awareness about math and science. >> it's tough to see. >> yes. you have to know what it is. >> there gou. the best tv commercials of the year are screening tonight. and there are just minutes to make it to the barrel house south of market for the showing. the career of justin beeb year, part of the best of show award. his story has inspired marketer
z there is no tax on weather. >> yes. yes. that is real. >> and there is a look at our forecast for tomorrow, going to be a sunny day in the bay area, and there is coast to inland summer spread if affect. highs into 60s at the coast to 90s inland. and here is the accu-weather forecast. mid-90s inland locations there is upper 50s on the coast and still warm. bigger cool down sunday, and that continues into next week approaching fall. and there is up in the sky. those aren't just...
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Oct 25, 2016
10/16
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woman: prop 55 doesn't raise taxes on anyone. man: not on working californians, not small businesses. no one. woman: instead, prop 55 simply maintains the current tax rate on the wealthiest californians. man: so those who can most afford it continue paying their fair share... woman: ...to prevent new education cuts... man: ...and keep improving california's schools. woman: vote yes on prop 55 to help our children thrive. >>> breaking news happening in the sierra where a 7-month-old baby who was the subject of an amber alert out of sonoma county. henry massy was taken by his mother hannah ashley sunday morning. she didn't have legal custody of the boy. both were found less than an hour ago in downeyville in sierra county. the mother is in police cut dishes and the baby is in the care of state protective services. >>> good afternoon and thanks for joining us today. i'm ama daetz. >> and i'm dan ashley. boy, a big day for warriors fans and the players, too. the season opener tips off in just a few hours. >>> lots of excitement. abc
woman: prop 55 doesn't raise taxes on anyone. man: not on working californians, not small businesses. no one. woman: instead, prop 55 simply maintains the current tax rate on the wealthiest californians. man: so those who can most afford it continue paying their fair share... woman: ...to prevent new education cuts... man: ...and keep improving california's schools. woman: vote yes on prop 55 to help our children thrive. >>> breaking news happening in the sierra where a 7-month-old...
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Jun 18, 2014
06/14
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this applies a transfer tax to anyone who buys a property then sells it for a profit. these will pay a 24% tax on the price if they sell that within a year of purchasing it. along the way they have evicted tenants and increase costs of housing >> a transfer tax dropped to 14% after five years and then, disappears after that. >> well, moving on you know libraries about a lot more than just books. >> yes. really changing. >> taking a look around your garage, you might find it full of toys there is a way to borrow stuff rather than buy it. >> at the ranger station in san people can borrow camping gear for free from the company alike >> there is a person that wants to go camping when all of their friends want to go camping. they don't own the gear yet. >> she says she the created their lending library. the packs are full of most everything you'll need to head out for the weekend. and everything fits into a larnl backpacking pack. >> we include a tent, two curtain tent. a chair and a bowl set. a set of cutlery. a bowl, a mug. >> if you live in berkeley you'll never have to
this applies a transfer tax to anyone who buys a property then sells it for a profit. these will pay a 24% tax on the price if they sell that within a year of purchasing it. along the way they have evicted tenants and increase costs of housing >> a transfer tax dropped to 14% after five years and then, disappears after that. >> well, moving on you know libraries about a lot more than just books. >> yes. really changing. >> taking a look around your garage, you might find...
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denmark has imposed a tax on butter and oil. a hamburger will cost an extra 15 cents and a package of butter is up 40 cents. they say they're the first country in the world to introduce a tax. >> not a bad idea. i think we have found the solution to american debt. >> wipe out the debt. >>> fans mourng the demise of "arrested development" have a reason to celebrate this morning. >> the creators say it will come back to tv in a limited run as a prequel to a movie. jason bateman says it's true. they'll shoot for a release in early '13. very excited, as are all the fans out there. >> a cool show. glad they're coming back. >>> for some of you, your local news is coming up next. >> we'll be right back for everyone else. coupons? coupons. coupons? next, you convert coupons to tokens. tokens? then you trade tokens for credits. and then i get the cash? then you call back. bye bye. peggy? hello? what just happened? want rewards that make sense? switch to discover. america's #1 cash rewards program. it pays to discover. [ female announcer
denmark has imposed a tax on butter and oil. a hamburger will cost an extra 15 cents and a package of butter is up 40 cents. they say they're the first country in the world to introduce a tax. >> not a bad idea. i think we have found the solution to american debt. >> wipe out the debt. >>> fans mourng the demise of "arrested development" have a reason to celebrate this morning. >> the creators say it will come back to tv in a limited run as a prequel to a...
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Apr 13, 2011
04/11
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it involves defense cuts and tax hikes on one certain group of americans. janelle wang is live in the newsroom. >> he will bring leaders to the white house to talk about the staggering debt. he'll address the nation what is needed to reduce it. he proposing a sweeping plan to make cuts? medicaid and medicare and propose ending bush-era tax cuts for those making $250,000 a year. >> it balances it essentially, the burden has to be shared by everyone. >> the president's proposal comes after a last minute deal between the president and republicans last week to avert a government shutdown. this agreement was over billions of dollars of spending cut. national debt is $14 trillion. it comes as congress is debating whether to increase the limit on the national debt. republicans say they will not raise it unless significant deficit reduction comes first. >> eric: it's 4:35. four cities on the peninsula are considering consolidating their resources to form a single fire department. they decided last night to merge the fire departments. declaration would save $230,000
it involves defense cuts and tax hikes on one certain group of americans. janelle wang is live in the newsroom. >> he will bring leaders to the white house to talk about the staggering debt. he'll address the nation what is needed to reduce it. he proposing a sweeping plan to make cuts? medicaid and medicare and propose ending bush-era tax cuts for those making $250,000 a year. >> it balances it essentially, the burden has to be shared by everyone. >> the president's proposal...
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Jan 18, 2013
01/13
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i missed -- missing payments on the home to pay for taxes on this piece of property. my grandkids piggy banks, daughter's piggyÑ]9h banks my money, change and people just offered to help a little bit as they can.(bÑó he says he rolled them himself, staffers at the tax office spent time counting thrk but they d $14,000 worth. >> he's the worst nightmare, ever if you work in a tax office, oh no,. >> surprising they accepted it cash is cash. >> still ahead at 4:00 details in the murder of a wealthy businessman and gang ties that could be connected to his death. >> a bizarre story involving a notre dame star and his fake girlfriend. police are still questioning who was involved in thisx&e#p h. >> talking about smart phone jhñ new and a look at technology that could guarantee you'll never take >>> we're learning more now about the home invasion murder of a healthy south bay businessman. >> and the threat that binds them altogether. >> vic lee is in thex0dt newsrm with more on that. vic? >> the story reportedly involves gangs, prostitution and an unsafeory relationshi
i missed -- missing payments on the home to pay for taxes on this piece of property. my grandkids piggy banks, daughter's piggyÑ]9h banks my money, change and people just offered to help a little bit as they can.(bÑó he says he rolled them himself, staffers at the tax office spent time counting thrk but they d $14,000 worth. >> he's the worst nightmare, ever if you work in a tax office, oh no,. >> surprising they accepted it cash is cash. >> still ahead at 4:00 details in...
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. >> i think that will raise taxes my taxes. >> we're happy to come to give extra. so that is not a big problem for folks here. >> several attending the lunch told me they wanted to voice opposition to the pipeline. i asked the congressman did it come up? >> no. not at all. >> what did he he say? >> talking about making sure we have help from the next couple years. >> the congressman told me the president talked about citizenship in this quote told the crowd the country is not as divided and and only way to break through this gridlock is when voices are heard. as the president helicopter flew over air force one, los gatos resident said the citizenship message resonated with her. >> it seems to have been something that just embedded in his heart. >> so the president is back in washington, d.c.. the party has cash. and when do we expect him back here? well, organizers tell me they're planning events for june just three months away. reporting from atherton abc 7 news. >> thank you. >> connecticut governor has newt law some of the country's strongest gun restrictions. t
. >> i think that will raise taxes my taxes. >> we're happy to come to give extra. so that is not a big problem for folks here. >> several attending the lunch told me they wanted to voice opposition to the pipeline. i asked the congressman did it come up? >> no. not at all. >> what did he he say? >> talking about making sure we have help from the next couple years. >> the congressman told me the president talked about citizenship in this quote told the...
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Sep 20, 2011
09/11
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he argues taxes on the rich should be higher. buffet says he pays just 17.4% of income in taxes and his secretary, paying double, 33%. prompting this from the president. >> it is wrong that in the united states of america a teacher or a nurse or a construction worker who earns $50,000 should pay higher tax rates than someone pulling in $50 million. >> fact check, it's not the norm. a tax policy center crunched numbers and found on average, those making more than $1 million pay a rate of 29.1%. and americans making 50,000ses today $75,000 pay 15% of the income in federal taxes. and roberton williams is an economist. >> billionaires don't all pay 29%, they're divided into two groups, one is the ceo group, folks getting most income from salaries and wages. >> williams says those folks are paying more than 29 r rs -- 29% but the people like buffet make most off investments, taxed 159%. >> their income is $120 million range. >> the center estimates that 46% of the households will pay no federal income taxes this year because they're d
he argues taxes on the rich should be higher. buffet says he pays just 17.4% of income in taxes and his secretary, paying double, 33%. prompting this from the president. >> it is wrong that in the united states of america a teacher or a nurse or a construction worker who earns $50,000 should pay higher tax rates than someone pulling in $50 million. >> fact check, it's not the norm. a tax policy center crunched numbers and found on average, those making more than $1 million pay a...
384
384
Dec 27, 2012
12/12
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eye 384
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to get out of high dividend funds and move into tax exempt bonds that won't be taxed. >> the current negotiate yigs between the president and house speaker could mean the reduction of the general deduction for chairitable contributions. >> if i wasn't receiving credits for helping out a charity, or in that situation why help them out? >> statements like that has the ceo of the united way of the bay area and other nonprofiting fighting to retain chairitable deduction autos it would be a big mistake to think this would only affect a few people, there are many donors that itemize and take advantage of the chairitable tax deduction including middle income people. >> and if that were to happen, i dithi it has to be phased out over a long period of time. >> it encourages people to buy houses versus renting. and... if they will lower the mortgage rate deductions people will think twice. >> whatever happens, this cpa thinks it's a good time to refinance if you have 15%-to-20 years left on the mortgage. >> and this could make a difference over the length of the mortgage. >> is that could with
to get out of high dividend funds and move into tax exempt bonds that won't be taxed. >> the current negotiate yigs between the president and house speaker could mean the reduction of the general deduction for chairitable contributions. >> if i wasn't receiving credits for helping out a charity, or in that situation why help them out? >> statements like that has the ceo of the united way of the bay area and other nonprofiting fighting to retain chairitable deduction autos it...
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213
Oct 11, 2011
10/11
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KGO
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eye 213
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checks intended to symbolize how much less the wealthy will pay when new york's current millionaire tax expires the end of the year. >> in washington, d.c. police arrested half a dozen outside the senate building. 100 went inside the building that's when police moved in the. it is all about jobs and the economy as the senate gets ready to vote on president obama's jobs proposal. karen first -- karen travers has more. >> reporter: the president hits the road today. in washington the bill faces a critical test in the senate, a test it is likely to fail. the white house has demanded quick action on the half a trillion dollar plan. >> the president: tell congress to pass this bill. pass this bill. >> reporter: senate republicans and even some democrats say it is too expensive. republicans are adamantly posed to more stimulus spending. they don't like the tax increase on the wealthiest americans that democrats added. >> if this vote doesn't succeed tonight we are going to get right at it. >> reporter: the president's record will be under fire in new hampshire tonight. the republican presiden
checks intended to symbolize how much less the wealthy will pay when new york's current millionaire tax expires the end of the year. >> in washington, d.c. police arrested half a dozen outside the senate building. 100 went inside the building that's when police moved in the. it is all about jobs and the economy as the senate gets ready to vote on president obama's jobs proposal. karen first -- karen travers has more. >> reporter: the president hits the road today. in washington the...
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. >> i don't promote higher taxes i promote lower taxes but if it has to happen and the community gets something out of it, it would be okay. >> and this tax increases is expected the pump as much as $125 billion into the federal budget, economists warn we can expect a similar reduction in consumer spending n walnut creek, abc 7 news. >> thank you. >> we have an update now on breaking news at point reyes. very sad update. the marin county fire department has located a body of a man washed out to see this afternoon near north beach. they were just walking on the beach when a massive wave pulled them all into the ocean. people on the beach were able to rescue the woman and dog however, the swift current swept way the man and his body, we're told has been recovered about 15 minutes ago. we'll have a live report at 5:00. >> rough way to start the new year for sure. moving on, temperatures expected to drop below freezing in california's biggest farming region. the cold weather affecting many crops. some are benefiting from chilly temperatures. walnut growers are hoping the cold weather is h
. >> i don't promote higher taxes i promote lower taxes but if it has to happen and the community gets something out of it, it would be okay. >> and this tax increases is expected the pump as much as $125 billion into the federal budget, economists warn we can expect a similar reduction in consumer spending n walnut creek, abc 7 news. >> thank you. >> we have an update now on breaking news at point reyes. very sad update. the marin county fire department has located a...
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republicans are being vilified by anti-tax groups. tim donnelly says a definite know. >> i see the governor of no, no, no new jobs, no new ideas, nothing but taxes. >> reporter: it has centered around trying to round up the republican votes but the democratically votes are not solly there. >> leland yee says he is not an automatic yes vote so he needs another republican to cross over. >> it's a matter of legislators, so at the end of the day we need two-thirds. >> even if enough republicans support the tax vote, many gop lawmakers believe that californians.... >> i'm not scared with the voters because i believe the voters will vote this down, just like they did 65%. >> they want to put the budget up for a vote wednesday or thursday of next week. >> they declared a fiscal meeting at packed meeting in san carlos. transit meeting says there is ujt shortfall and it allows more leeway in changes. one proposal on the table is cutting weekend service entirely and during the week only trains running during peak commute hours. >> trains are ba
republicans are being vilified by anti-tax groups. tim donnelly says a definite know. >> i see the governor of no, no, no new jobs, no new ideas, nothing but taxes. >> reporter: it has centered around trying to round up the republican votes but the democratically votes are not solly there. >> leland yee says he is not an automatic yes vote so he needs another republican to cross over. >> it's a matter of legislators, so at the end of the day we need two-thirds. >>...
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>> i believe we should extend all of the tax rates for all americans. and the extent you can make them permanent, people have some idea of how to plan -- >> reporter: but if you extend it for one year, for two years, is that okay? would you do that? >> i don't think that eliminates the uncertainty that's preventing employers from hiring. >> reporter: are you saying permanent, as far as the eye can see, for all income groups? >> we're going to have this debate here in congress over the next couple of months. >> reporter: i'm going to try one more time. so you're not going to rule out some negotiated compromise? >> i am going to make it perfectly clear. i am for extending all of the current tax rates for all americans. >> reporter: i have to ask you about sarah palin because today she put out an ad which basically indicates that she, the party, the people she endorsed, are the ones to celebrate this victory and i'm just going to play a short excerpt of it. in case you didn't see it. >> this is our movement. this is our moment. this is our morning in ameri
>> i believe we should extend all of the tax rates for all americans. and the extent you can make them permanent, people have some idea of how to plan -- >> reporter: but if you extend it for one year, for two years, is that okay? would you do that? >> i don't think that eliminates the uncertainty that's preventing employers from hiring. >> reporter: are you saying permanent, as far as the eye can see, for all income groups? >> we're going to have this debate here...
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Jul 21, 2016
07/16
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eye 151
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who better to sense tax reductions? who better to negotiate the return manufacturers back to our country to a man who has singlehandedly employed tens and tens and tens of thousands of american employees around the country. it's time for a president with common sense. it's time for a president who understands the art of a deal and appreciates the value of a dollar. our tax dollars. [ cheers and applause ] it's time for the president who has always been the one to sign the front of a check, not the back. [ cheers and applause ] throughout my father's career, he has been repeatedly called upon by government to step in to save government protects, from the old post office in washington, d.c. to name one. new york city tried to refurbish central park, $5 million over an already inflated project. that's when my father decided he had to step in. disgusted by government incompetence and ineptitude, he invested his own money to complete the project. what had taken the city over a decade to botch, he stepped in and completed it
who better to sense tax reductions? who better to negotiate the return manufacturers back to our country to a man who has singlehandedly employed tens and tens and tens of thousands of american employees around the country. it's time for a president with common sense. it's time for a president who understands the art of a deal and appreciates the value of a dollar. our tax dollars. [ cheers and applause ] it's time for the president who has always been the one to sign the front of a check, not...
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183
Mar 22, 2013
03/13
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eye 183
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you have to pay tax on it except for 2012. if it happened because of your home, have you to talk to a tax professional right away. you can end up in trouble. >> judith t asks what do you suggest? >> it's going to end up there anyway. i know if you fill out a form on paper and you send them in, to the government maybe they'll never end up on the web. if you use almost anyone else they're going to send it out. if you're dealing with a rip putable firm this is a drop of an association. >> thank you. >> sure. >> coming up next the new effort to fill up empty store fronts in the south bay. it's not retailers looking to fill the vaik cans yeez. who is moving in. >> and coming up a vietnamese family separated now reunited by illness. big brother journey to the bay area. >> plus, one principal can now add crime fighter to his resume. how he >>> san jose retailers getting together. >> they're trying to fill empty store front was start ups in hope they become permanent. >> the event begins at 5:00. abc 7 news has the story tonight from
you have to pay tax on it except for 2012. if it happened because of your home, have you to talk to a tax professional right away. you can end up in trouble. >> judith t asks what do you suggest? >> it's going to end up there anyway. i know if you fill out a form on paper and you send them in, to the government maybe they'll never end up on the web. if you use almost anyone else they're going to send it out. if you're dealing with a rip putable firm this is a drop of an association....
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60
Jul 21, 2017
07/17
by
KGO
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eye 60
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the state of california is providing $25 million in tax incentives. >> it mimics the environment that they are used from body. >> reporter: most is hidden in view to prevent contamination. >>> here is a troubling question. what do you do if your child gets head lice? >> michael finney partnered up with consumer reports with tips on how to remove it. >> i can't believe we talk about this. it's amazing. you survive the school year lice free. good for you. don't let your guard down now because there is summer camp and other summertime activities that can spread lice. experts have tips on how to get rid of head lice without dangerous, harsh chemicals. school is out but head lice is in session. they can spread just as easily at sleep away and day camps. consumer reports says when it comes to getting rid of lice, skip the chemical products. >> it can cause painful side effects including itching skin, inflameden chemical burn and difficulty breathing. >> reporter: instead, consumer report says physically combing out the bugs and eggs is safer and actually more effective than chemical treatme
the state of california is providing $25 million in tax incentives. >> it mimics the environment that they are used from body. >> reporter: most is hidden in view to prevent contamination. >>> here is a troubling question. what do you do if your child gets head lice? >> michael finney partnered up with consumer reports with tips on how to remove it. >> i can't believe we talk about this. it's amazing. you survive the school year lice free. good for you. don't...
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and at one time owing 2300s ndz taxes. -- $2300 in taxes. police say he has been cooperative and answered another perplexing question which investigators had. why he drove to this parking lot to this south shore parking lot center and n.alameda after the shooting. investigators say he answered he wanted to get away from the area, no other reason. >> thank you. >> there is now identity of all victims and they're judith seymor among seven killed yesterday with a other victims including leada sim, 21 years old, grace kim, 23, and kathleen 24, she lived with her family, they're now planning a memorial tomorrow night at their long time church. >> right. the family will hold a memorial here tomorrow at the hayward korean baptist church a place of bor ship where they attend and where lidia often cared for children. >> this is a picture of daniel and his big sister, lida. her death so tragic and sudden he's having a hard time believing she's gone. >> she's great. she's great. my sister. best sister. any brother can ask for. she's outgoing. very cari
and at one time owing 2300s ndz taxes. -- $2300 in taxes. police say he has been cooperative and answered another perplexing question which investigators had. why he drove to this parking lot to this south shore parking lot center and n.alameda after the shooting. investigators say he answered he wanted to get away from the area, no other reason. >> thank you. >> there is now identity of all victims and they're judith seymor among seven killed yesterday with a other victims...
265
265
Sep 14, 2010
09/10
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eye 265
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small tax hike. >> reporter: and it's not just republicans squabbling. some democrats are breaking from the president and want to extend all the tax cuts. >> given the fragility of the economy, all of the bush tax cuts should be extended temporarily. we need to remember that the top 5% income bracket in america account for 30% of all consumer spending. >> reporter: according to the nonpartisan congressional budget office, if all the bush tax cuts are extended, along with some other provisions, economic growth in the next year could almost double. long term, however, economists say since none of the tax cuts are paid for, they're all deficit spending and unsustainable. and, diane, after all this back and forth, you might wonder just where does this all leave us. basically where we were last week, headed to a standoff with all wage earners taxes scheduled to go up on january 1st, diane. >> well, jake, as you know, tomorrow is the last big primary day, as we head towards the november elections. voters going to the polls in seven states and washington, d.c.
small tax hike. >> reporter: and it's not just republicans squabbling. some democrats are breaking from the president and want to extend all the tax cuts. >> given the fragility of the economy, all of the bush tax cuts should be extended temporarily. we need to remember that the top 5% income bracket in america account for 30% of all consumer spending. >> reporter: according to the nonpartisan congressional budget office, if all the bush tax cuts are extended, along with some...
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intuit quickbooks helps you manage your payroll taxes. cheers. 100% accurate payroll tax calculations guaranteed. cough cough sneeze sneeze... cheers. [ sneezing ] needs, plop plop fizz fizz. alka seltzer plus cold relief. dissolves quickly. instantly ready to start working. so you can bounce back fast with alka-seltzer plus. now available for fast sinus relief. your dry skin story changes from one day to the next. try eucerin advanced repair and switch. it doubles your skin's moisture and repairs dry skin over time. so tomorrow can be a different story. eucerin — recommended and used by dermatologists. >>> time to check "the pulse." we begin with an important question. are you too old to shovel snow? >> i think i've always been too old. this depends on your health. a new report warns that people over the age of 45 maybe should think twice about it. nearly half of adults already have heart disease. shoveling snow and running on a treadmill raise the same heart rate. >> one expert tells "usa today" that the true cutoff age at 55, people
intuit quickbooks helps you manage your payroll taxes. cheers. 100% accurate payroll tax calculations guaranteed. cough cough sneeze sneeze... cheers. [ sneezing ] needs, plop plop fizz fizz. alka seltzer plus cold relief. dissolves quickly. instantly ready to start working. so you can bounce back fast with alka-seltzer plus. now available for fast sinus relief. your dry skin story changes from one day to the next. try eucerin advanced repair and switch. it doubles your skin's moisture and...
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Mar 25, 2013
03/13
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the crew out to safe planet no tax. this and another video cost 60,000ses today produce. not a good thing when the government is cost cutting but the irs says it saved training expenseses. the other training video a gilligan's island parody. >> our tax dollars are paying for presidents after they leave office. a report that the government spent $3.7 million for things like pensions, office staff, and expenses like postage. the most money was spent on former president george w. bush. that includes $85,000 in telephone costs. president bill clinton came in second, nearly $1 million, followed by george hw bush at $850,000. costs for jimmy carter, the only other living president came in at about $500,000. >> twitter coe -- ceo gives insight into the world of social media. >> that is right. emily chang is here with the after the bell report live on location tonight. hi, emily. since becoming ceo he helped trance form the company into a global communications power whous a steady revenue stream. here is what he had to say in the field of social media. >> i think it's fair to say
the crew out to safe planet no tax. this and another video cost 60,000ses today produce. not a good thing when the government is cost cutting but the irs says it saved training expenseses. the other training video a gilligan's island parody. >> our tax dollars are paying for presidents after they leave office. a report that the government spent $3.7 million for things like pensions, office staff, and expenses like postage. the most money was spent on former president george w. bush. that...
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the tax was a competing tax was overwhelmingly defeated. proposition 33 would have chaempked the regulations for auto insurance was rejected by voters. that would have required labeling for foods with genetically modified ingredients. >> the end of an era. >> pete stark defeated by newcomer eric swalwell last night. >> 31-year-old eric swalwell headed to washington, d.c. next week. it will be a milestone for him and for this congressional district. the dublin native is a prosecutor and former city councilman with little experience compared to the man he's replacing, an 80-year-old fellow democrat pete stark since 1972. the open primary system allowed voters to vote for a candidate and the, excuse me, and the 13th district was redrawn to incorporate more conservative communities. both changes believed to have played a role in the win. >> i feel great. i stood m this hall ask talked to hundreds of supporters invested so much time and energy in our campaign over the past year, just felt great to give them that hard-earned victory. because they
the tax was a competing tax was overwhelmingly defeated. proposition 33 would have chaempked the regulations for auto insurance was rejected by voters. that would have required labeling for foods with genetically modified ingredients. >> the end of an era. >> pete stark defeated by newcomer eric swalwell last night. >> 31-year-old eric swalwell headed to washington, d.c. next week. it will be a milestone for him and for this congressional district. the dublin native is a...
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Mar 15, 2017
03/17
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what will the tax returns tell us about that? >> reporter: this morning the white house fired back attacking the media and calling this leaked document illegally obtained but authentic. we still don't know key information like trump's source of income or charitable donations. diane and kendis. >> all right, our kenneth moton there in d.c. for us, thank you. >>> and kenneth mentioned the republican health care plan. well, protesters turned out in the snow at house speaker paul ryan's office in wisconsin to denounce the plan. >> now, ryan and others who helped craft the proposal are facing fierce criticism this morning. that comes after congressional budget analysts said their plan would result in tens of millions of people losing their coverage. the speaker, though, defending it overnight. >> sure, there are people who have concerns or criticisms but that's what happens when you get consensus. we have an obligation to keep our promises, to pass the reforms that we told people we would pass if we got this opportunity. >> so, ryan a
what will the tax returns tell us about that? >> reporter: this morning the white house fired back attacking the media and calling this leaked document illegally obtained but authentic. we still don't know key information like trump's source of income or charitable donations. diane and kendis. >> all right, our kenneth moton there in d.c. for us, thank you. >>> and kenneth mentioned the republican health care plan. well, protesters turned out in the snow at house speaker...
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Mar 20, 2011
03/11
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. >> dear americans, this is where your taxes go. >> he believes that social media is a part of the uprising. >> i believe that twitter and facebook messages are how they are organize spread the message and get international sympathy . social media and texing is a crucial piece. >> he is a professor of history in tan ford history. >> is a factor but not as important as people have said. >> the professor believes it was a spark from recent protest in tunisia and cheer leading from al-jazeera combined with the build up of 10 years of labor and unrest in egypt. >> there are facebook-based calls for demonstrations before that fizzled. >> the professor acknowledged the importance of word of mouth and experience of cell phones and texting more so than facebook and blog blog. egypt has a lie level of illiteracy . joining us in the studio to understand the relation of social media and the political unrest in middle east and africa. is the associate preosisor dina ibrahim. >> thank you. >> thank you for joining us. >> you were in egypt before all of this starting happening in egypt. >> yes, it was cl
. >> dear americans, this is where your taxes go. >> he believes that social media is a part of the uprising. >> i believe that twitter and facebook messages are how they are organize spread the message and get international sympathy . social media and texing is a crucial piece. >> he is a professor of history in tan ford history. >> is a factor but not as important as people have said. >> the professor believes it was a spark from recent protest in tunisia...
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. >>> and what to watch in politics, including a new tax cut proposal we'll be hearing about today >>> welcome back, everyone. the next big thing in the auto industry, it might be a truck. industry insiders think it will be the compact pickup, aimed primarily at young, male drivers. they say the group is looking for a fuel-efficient pickup at an affordable price for their outdoor hobbies. >>> overseas markets are down or flat. after friday's disappointing u.s. jobs report. tokyo's nikkei average fell 124 points today. hong kong's hang seng down 348. in london, the ftse opened higher. and on wall street, the dow lost 108 points last week. the nasdaq index picked up two. >>> you might call it 50 shades of green. the erotic book trilogy that is popular with women is expected to hit a milestone this week. get this. 20 million copies sold. thanks to paula, the books ranked first, second, and third on the bestseller list. sales split between electronic and print edition. >> i'm waiting to borrow them from you. when you're done reading. >> it will be awhile. >> don't lie. >>> "spiderman" wen
. >>> and what to watch in politics, including a new tax cut proposal we'll be hearing about today >>> welcome back, everyone. the next big thing in the auto industry, it might be a truck. industry insiders think it will be the compact pickup, aimed primarily at young, male drivers. they say the group is looking for a fuel-efficient pickup at an affordable price for their outdoor hobbies. >>> overseas markets are down or flat. after friday's disappointing u.s. jobs...
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the auction by paying the taxes. lerma says it appears they read the legal standard for what is called a prescriptive easement. >> by necessity and former somebody can be on the land and use it to reach the road. >> a judge will ultimately decide if the easement will be granted to rudy and alex. as for the rogue mission greenway gardeners dashed of these other people have any grounds to be on the property? >> none i can speak for >> after this first punch, the group came back the next day. this time with a sledgehammer and power tools. >> a weird almost bizarre surreal engagement where they were taking screws out of the form we made and we were putting them back in. >> the gardeners spent all day into the night demolishing the planters and until sfpd arrived to detain them. how many times have they come back since february? >> this group has come back more than a dozen times. >> countless. if we are talking about the lot, hundreds. in here, maybe five. >> to harass and it is a date -- to harass and intimidate us. >>
the auction by paying the taxes. lerma says it appears they read the legal standard for what is called a prescriptive easement. >> by necessity and former somebody can be on the land and use it to reach the road. >> a judge will ultimately decide if the easement will be granted to rudy and alex. as for the rogue mission greenway gardeners dashed of these other people have any grounds to be on the property? >> none i can speak for >> after this first punch, the group came...
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and is eyeing november when they have to pay a tax. >> there is a is critics saying they should brace them self autos we'll take a look at cuts by the end of the year. >> there is a budget is that does not account for gains tax when shares are sold at a profit. that could boost state coffers. >> there is
and is eyeing november when they have to pay a tax. >> there is a is critics saying they should brace them self autos we'll take a look at cuts by the end of the year. >> there is a budget is that does not account for gains tax when shares are sold at a profit. that could boost state coffers. >> there is
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Mar 30, 2018
03/18
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while amazon paid a total of $957 million in taxes last year, and collects sales tax in states where it's required, in most states, it does not collect taxes on the products third party vendors sell through the site. roughly half its volume. tonight, the question -- is the president hoping to save more traditional brick and mortar retailers, and will customers on amazon pay the price? >> the president has said many times before, he's always looking to create a level playing field for all businesses. and this is no different. >> reporter: many wondering, is there something else at play? amazon's founder, jeff bezos, also owns "the washington post." a frequent target of donald trump. >> the owner of "the washington post," do you know what he owns? amazon. he doesn't want to pay tax on the internet. >> yeah, no love lost for "the washington post" there. rebecca jarvis with us tonight. we want to point to something in that tweet. the president also accused amazon of using our postal system as their delivery boy. we know the postal service has been in financial trouble for years. wouldn't
while amazon paid a total of $957 million in taxes last year, and collects sales tax in states where it's required, in most states, it does not collect taxes on the products third party vendors sell through the site. roughly half its volume. tonight, the question -- is the president hoping to save more traditional brick and mortar retailers, and will customers on amazon pay the price? >> the president has said many times before, he's always looking to create a level playing field for all...
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May 15, 2021
05/21
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taxes. the deadline for taxes is now two days away and you still have some time to get your paperwork in. so we'll bring somebody in for some last-minute tips for getting it all done. he's our financial expert humphrey yang. humphrey, good morning to you. >> good morning, dan. how are you? >> great. so if you can't file by may 17th, the due date, what do you recommend? >> yeah, so individuals can actually file for free an extension on the irs website and that also applies to small businesses, as well, like single member lcs and sole proprietorships so as long as you do it before monday you can get an extension until october 15th. if you do extend from october 15th, that doesn't excuse you from making estimated tax payments. however, it means you probably won't get a refund check until october 22nd at the earliest. >> there is an incentive to get moving here. the usps data show there were nearly 36 million address changes in 2020. i know we changed our address twice during 2020. if you move t
taxes. the deadline for taxes is now two days away and you still have some time to get your paperwork in. so we'll bring somebody in for some last-minute tips for getting it all done. he's our financial expert humphrey yang. humphrey, good morning to you. >> good morning, dan. how are you? >> great. so if you can't file by may 17th, the due date, what do you recommend? >> yeah, so individuals can actually file for free an extension on the irs website and that also applies to...
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billions of dollars in tax hikes. hundreds of billions of dollars in reckless spending. >> reporter: with midterm elections nearly three months away, a new abc news poll shows 69% of americans think the economy is getting worse. experts remain mix on whether the bill passed sunday will have any immediate impact on inflation. the university of pennsylvania predicts the change will be statistically indistinguishable to zero. senator chris coons, a close ally of president biden, concedes it could take one year for the bill to have any impact on rising costs. >> it may take a year or more. we've seen gas prices come down week after week after week for the last five weeks in a row and i think we have a strong economy. a strong recovery under way. >> as for what's next the house is now expected to approve the bill by the end of the week sending it to the president for his signature. andrew. >> all right, justin, thank you. >>> there's more severe weather to report as well this morning. in denver, two children were among nea
billions of dollars in tax hikes. hundreds of billions of dollars in reckless spending. >> reporter: with midterm elections nearly three months away, a new abc news poll shows 69% of americans think the economy is getting worse. experts remain mix on whether the bill passed sunday will have any immediate impact on inflation. the university of pennsylvania predicts the change will be statistically indistinguishable to zero. senator chris coons, a close ally of president biden, concedes it...
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Jul 21, 2010
07/10
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. >>> a plan by the city of oakland to create four huge indoor marijuana farms and increase taxes on medicinal pot is being discussed right now. scores of people have signed up for public comment. abc7's alan wang reports from oakland. >> it is important for oakland to be a vital part of that growth and development for the licensed facility. >> it is likely the only four permits for indoor marijuana cultivation in oakland will go to the largest grower because of the $211,000 fee. >> it makes it a lot easier for the city of oakland to regulate and tax. >> the hydroponic equipment company says he has a 20,000 square footwear house waiting to be used in east oakland. he says bigger is safer. >> we have a lot of social problems such as public fires, hostile takeovers, home invasions that stem from this largely unregulated cultivation. >> but they fear the industrial pot will nudge them out of competition. they argue that the large operations will dilute the quality of marijuana. >> there will be a very big difference in the product. it will be the difference between a fine wine from a na
. >>> a plan by the city of oakland to create four huge indoor marijuana farms and increase taxes on medicinal pot is being discussed right now. scores of people have signed up for public comment. abc7's alan wang reports from oakland. >> it is important for oakland to be a vital part of that growth and development for the licensed facility. >> it is likely the only four permits for indoor marijuana cultivation in oakland will go to the largest grower because of the...
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they weren't invading the capital because we were debating corporate tax cuts. they were invading the capitol to stop us from accepting the electoral college results that show that joe biden and kamala harris won the election. this was an attempted coup -- call it what it was, it was an attempt to overthrow democracy and that's one reason we need to impeach donald trump. >> tell us what is the charge against president trump? >> the charge is insur recollection. he incited this mob to match down pennsylvania avenue to go to the capital. he told them that you don't take our country back by showing your weakness. he told them to show strength. that's what they attempted to do. they attempted to enter the capital and show strength and disrupt the calm proceedings, which they did, and they wanted to make sure that the electoral college results were accepted by congress. this is is sedition. >> when do you man to do that? >> it's on monday. we have already right now over 160. >> ok. what are the steps after you introduce it? what is the time line that? nch >>> it will
they weren't invading the capital because we were debating corporate tax cuts. they were invading the capitol to stop us from accepting the electoral college results that show that joe biden and kamala harris won the election. this was an attempted coup -- call it what it was, it was an attempt to overthrow democracy and that's one reason we need to impeach donald trump. >> tell us what is the charge against president trump? >> the charge is insur recollection. he incited this mob...
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Sep 15, 2010
09/10
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means; we have to return power and decision making to the local level-closer to the people and no new taxes without voter approval. jerry brown the knowledge and know-how to get california working again. ♪ >> just hours from now governor schwarzenegger will tour the neighborhood devastated by explosion and fire. >> incredible heroics. six women rescued close to the site when their caretakers abandoned them. >> right here in that brown house behind me is where six women in their 80s and 90s lived. when the fireball shot into the sky and the fire started heading towards their home, burning into their backward, one caretaker made a dash for it. another was immobilized by fear. help came in the form of total strangers. >> sounded like the world was ending above the tree line up there while my dad and i were in our backyard. and it was just natural instinct to run up there and see what happened. >> so bobby and his dad bob and a man they've never seen before named frank descended on vermont way to see who needed help. quite literally they stumbled into the home. >> i got one lady. we kind of w
means; we have to return power and decision making to the local level-closer to the people and no new taxes without voter approval. jerry brown the knowledge and know-how to get california working again. ♪ >> just hours from now governor schwarzenegger will tour the neighborhood devastated by explosion and fire. >> incredible heroics. six women rescued close to the site when their caretakers abandoned them. >> right here in that brown house behind me is where six women in...
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Apr 14, 2011
04/11
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it would also boost taxes on the wealthy. republicans immediately blasted the plan. >> what we got was a speech that was excessively partisan, dramatically inaccurate, and hopelessly inadequate to addressing our country's pressing fiscal challenges. >>> also, lawmakers are voting today on the 11th-hour budget deal made last week in order to avoid that government shutdown. it cuts $38 of the fiscal year. an amount tea party-backed members say is not enough. >>> george stephanopoulos digs deeper into the president's debt plan when he talks to him today. you'll see that interview on "world news," "nightline" and tomorrow on "good morning america." >>> another republican is closer to announcing a run for the white house. former pennsylvania senator, rick santorum, as formed a fund-raising committee. he is also spending a lot of time in states with early primaries and caucuses. as a senator, santorum was against abortion and stem cell research. >>> the georgia legislature, today, is expected to pass a bill cracking down on illegal
it would also boost taxes on the wealthy. republicans immediately blasted the plan. >> what we got was a speech that was excessively partisan, dramatically inaccurate, and hopelessly inadequate to addressing our country's pressing fiscal challenges. >>> also, lawmakers are voting today on the 11th-hour budget deal made last week in order to avoid that government shutdown. it cuts $38 of the fiscal year. an amount tea party-backed members say is not enough. >>> george...
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Jul 30, 2011
07/11
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sometimes, it's the only hot meal low income kids get z 18 cents in federal gas tax would be put on hold in california, jeopardizing thousands of jobs. the scenario seems familiar. >> we've been through scary times in california n 2009, we were very much on the edge with $42 billion deficit and got it done. they've got to get it done in washington, d.c.. >> and the clock is ticking and so many lives are on the line. >> and politicians aren't thinking about that or don't care. they're saying they care about the public. but they don't. >> and state treasurer took out a $5 billion loan for california out this week. and anticipation of the problems in washington, d.c.. and edd says it doesn't think kit tap into that because the state has bills to pay. live in sacramento abc 7 news. >> thank you very much. and lieutenant governor unveiled a plan to revamp california's economy today, calling it a shift from a consummation to a production economy focused on global trait. the first part will be reopening the foreign trade offices starting with a privately funded office in china. >> the bill pend
sometimes, it's the only hot meal low income kids get z 18 cents in federal gas tax would be put on hold in california, jeopardizing thousands of jobs. the scenario seems familiar. >> we've been through scary times in california n 2009, we were very much on the edge with $42 billion deficit and got it done. they've got to get it done in washington, d.c.. >> and the clock is ticking and so many lives are on the line. >> and politicians aren't thinking about that or don't care....
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they are charging customers in chicago a cloud tax. the tax raises the fee by a little more than $1 for the average customer. >> do you ever just really give a jones and you need a 7-11 slurpee. there's a delivery for that now. >> we needed it the last two days, that's for sure. >>> snapchat is change the way you use snaps. we have much more in our morning money report. hi jane. >> good morning. yes, going to get your own slurpee, that's very 2014. now there's delivery. we'll have that story here in a second. but we have the monthly jobs report today. it did tell us that the u.s. added $ -- 223,000 jobs last month, which is the lowest than expected. markets are positive modestly and kind of cautious. 7-11 testing a delivery so it sounds like slurpees would be included. for now delivery just being tested in the san francisco and oakland areas and they say items will arrive in an hour or less. >>> there's more than another place to add yourselfie snapchat. users no longer have to press their thumb down on the screen while viewing picture
they are charging customers in chicago a cloud tax. the tax raises the fee by a little more than $1 for the average customer. >> do you ever just really give a jones and you need a 7-11 slurpee. there's a delivery for that now. >> we needed it the last two days, that's for sure. >>> snapchat is change the way you use snaps. we have much more in our morning money report. hi jane. >> good morning. yes, going to get your own slurpee, that's very 2014. now there's...
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Feb 20, 2013
02/13
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. >> the house speaker said the debate is closed meaning republicans will not discuss tax increases. it's a daetd issue as far as the speaker is concerned. president obama using this opportunity to put pressure on over these meat cleaver spending cuts. >> i know yesterday you're going over a bunch of questions. what is the most-important thing you want to know from the president? >> i'm -- there are opportunities to sit down to speak with him. i'm going talk to him about a variety of things. we'll talk about cuts that son his mind. so we'll talk about high speed rail in california going from bay aarea to southern california. also, talking with him about roads and bridges and the efforts to repair infrom a structure in california and what ever else i have time to talk with him about. and of course immigration kç a lot of things to talk brks i'm looking forward to it. >> and i should tell you i will be tweeting this entire time. i hope you'll join me for that. i'll be interviewing the president tomorrow as well as three cabinet secretaries so i'll have full reports on what we've discu
. >> the house speaker said the debate is closed meaning republicans will not discuss tax increases. it's a daetd issue as far as the speaker is concerned. president obama using this opportunity to put pressure on over these meat cleaver spending cuts. >> i know yesterday you're going over a bunch of questions. what is the most-important thing you want to know from the president? >> i'm -- there are opportunities to sit down to speak with him. i'm going talk to him about a...
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Oct 23, 2018
10/18
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KGO
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eye 46
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>> and it got nasty, and then it ended, and i'll tell you what, nobody has helped me more with your tax cuts, with your regulation, with all of the things that we're doing including military and our vets than senator ted cruz. nobody. >> you have said that he is utterly amoral, that he's a serial philanderer, a pathological liar. are those things not true anymore? >> look, i have no interest in revisiting the comments of 2016. >> you've moved on. >> i've got a job to do, and my job is forward looking. >> that's abc's paula faris catching up with cruz before the rally. meanwhile, with the midterm elections two weeks from today, president trump now says he's planning to offer a new 10% tax cut for the middle class. he's not providing many details yet, and he acknowledges any vote in congress would have to come after the election. >>> well, police north of new york city say an explosive device has been found outside the home of the liberal activist george soros. it was found in his mailbox. the bomb squad safely detonated the device. soros is a billionaire who has funded liberal candidates
>> and it got nasty, and then it ended, and i'll tell you what, nobody has helped me more with your tax cuts, with your regulation, with all of the things that we're doing including military and our vets than senator ted cruz. nobody. >> you have said that he is utterly amoral, that he's a serial philanderer, a pathological liar. are those things not true anymore? >> look, i have no interest in revisiting the comments of 2016. >> you've moved on. >> i've got a job...
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Dec 22, 2011
12/11
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. >>> payroll tax cut dispute in washington may have unintended victims in california. why the state is gearing up to send warning letters to a million people collecting unemployment. >>> that big winter storm is moving east. i'll have details on that coming up. >>> a south bay school district gets creative in tough chick times. how it is managing -- in tough economic times. building sports fields without a dime of taxpayer money. >>> that sign comes down. so what we found out has been hiding behind it for years. @apÑÑ >>> temperatures across the lower 48, 19 denver, warm southeast to d.c., 71 new orleans, 71 atlanta, 61 in d.c.. mid 40s around seattle and portland. all that warm weather in the southeast means severe weather is possible. right now no delays you can see that wall of water heading from memphis towards atlanta, snow in denver maybe delays connecting through dia. check out our flight tracker any time abc7news.com at the bottom. >>> 4:47. president obama is turning up the pressure on house republicans to approve a payroll tax cut extension before it expire
. >>> payroll tax cut dispute in washington may have unintended victims in california. why the state is gearing up to send warning letters to a million people collecting unemployment. >>> that big winter storm is moving east. i'll have details on that coming up. >>> a south bay school district gets creative in tough chick times. how it is managing -- in tough economic times. building sports fields without a dime of taxpayer money. >>> that sign comes down. so...
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Jun 30, 2011
06/11
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that brings a base tax rate down from 8.25 to 7.25%. remember, many cities and county tack on extra percent for local funding but the state tax rate coming down 1%. >>> the city of alameda chose an former state fire marshal to conduct an independent review of drowning of a suicidal man at crown beach. the chief has announced to look at the city's response to the memorial day drowning. the city's leadership and policy came under harsh public criticism after police and fire rescuers stood around for an hour, while 52-year-old raymond zack stood in the frigid water and lost consciousness. the fire department says the crews were not certified at the time to do water surface rescu rescue. >>> new details emerging in the case of missing nursing student michelle le who disappeared may 22. sources close to the case say several calls were made from the cell phone after she disappeared, one to reno, nevada, and the other to arizona. police travelled to arizona to interview a woman there. le's suv was reportedly spotted by witnesses four hours aft
that brings a base tax rate down from 8.25 to 7.25%. remember, many cities and county tack on extra percent for local funding but the state tax rate coming down 1%. >>> the city of alameda chose an former state fire marshal to conduct an independent review of drowning of a suicidal man at crown beach. the chief has announced to look at the city's response to the memorial day drowning. the city's leadership and policy came under harsh public criticism after police and fire rescuers...
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Dec 20, 2022
12/22
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. >>> former president trump's tax returns. the only presidential candidate in modern times not to reveal his taxes. and after years of legal battles, they're now in the hands of members of congress. so, will the returns be made public? jon karl and what he's learned tonight. >>> a possible new lead tonight in the murders of those four clernl students from the university of idaho. authorities now say an abandoned white hyundai elantra has been found in another state. what we know so far at this hour. >>> in new york city, two people hit by the subway. what authorities believe happened. >>> in argentina, the images tonight. the massive celebration honoring the world cup champions. millions of fans in the streets. so many of them, the team had to make an abrupt exit. >>> and our made in america christmas. last night, oprah was here, and tonight, the new items, your one thing made in america under the tree this year. >>> good evening and it's great to have you with us here on a tuesday night. this powerful holiday storm, just as m
. >>> former president trump's tax returns. the only presidential candidate in modern times not to reveal his taxes. and after years of legal battles, they're now in the hands of members of congress. so, will the returns be made public? jon karl and what he's learned tonight. >>> a possible new lead tonight in the murders of those four clernl students from the university of idaho. authorities now say an abandoned white hyundai elantra has been found in another state. what we...
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he made $13.7 million last year, and paid nearly $2 million in taxes. his effective tax rate? 14.1%. that's a lower rate than an auto mechanic who made $75,000 would pay. although he made almost $14 million, not one penny came from wages or salary. instead, his money came largely from investments, which are taxed at the much lower capital gains tax rate. in an interview with david muir in july, romney made no apologies for keeping his tax rate low. >> i don't pay more than are legally due, and frankly, if i had paid more than are legally due, i don't think i'd be qualified to become president. >> reporter: but this year, it turned out romney did pay more than he was legally due. a lot more. you see, romney gave $4 million to charity, but he didn't claim it all as a deduction. if he had, he would have paid about $500,000 less in taxes. why did romney pay a half a million dollars more than he had to? today, his money manager said he paid the extra taxes just to comply with romney's statement earlier this year that his tax rate was at least 13%. if he had taken all his deductions
he made $13.7 million last year, and paid nearly $2 million in taxes. his effective tax rate? 14.1%. that's a lower rate than an auto mechanic who made $75,000 would pay. although he made almost $14 million, not one penny came from wages or salary. instead, his money came largely from investments, which are taxed at the much lower capital gains tax rate. in an interview with david muir in july, romney made no apologies for keeping his tax rate low. >> i don't pay more than are legally...
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>> reporter: he said raising tax rates is unacceptable. let me tell you, there is an entirely different view of that on the other side of the aisle and at the white house. if the president campaigned on one thing, it was raising tax rates on the wealthy. they say any deal that doesn't do that is unacceptable. >> so, what happens next now? i seem to hear the speaker saying, you know, we can talk -- >> reporter: you did. and he also wanted to reassure everybody, including the markets, that a deal will be done. we're not going to get to the brink. we're not going to get to the point where the credit rating of the country is again at risk. he said he's willing to talk about anything and he called himself the most reasonable man in washington. so, i think that he is determined to get something done. >> okay, jon karl, thank you. >>> and now, we're going to turn to the other big story of this day. it is the second storm moving in on an already battered east coast. and let us show you the pictures tonight. there they are, as the new storm was mov
>> reporter: he said raising tax rates is unacceptable. let me tell you, there is an entirely different view of that on the other side of the aisle and at the white house. if the president campaigned on one thing, it was raising tax rates on the wealthy. they say any deal that doesn't do that is unacceptable. >> so, what happens next now? i seem to hear the speaker saying, you know, we can talk -- >> reporter: you did. and he also wanted to reassure everybody, including the...
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this wasn't a tax. it was never discussed in committee as a tax. even the democrats would force it through congress insisted it wasn't a tax. jeffrey toobin wrote that roberts' tax argument was, quote, unquote, not a persuasive one. president obama even said, quote, i absolutely reject the notion that it was a tax. further, democrats and their allies shouldn't claim to know how any judge would rule in any particular case. look at history, the left slammed stephens to his consistent opposition to women's rights. they called anthony kennedy sexist and a disaster for women. they said that david souter the left ultimately praised these justices they attacked. their doomsday prediction failed to pan out. the democrats and their allies have shown there's no low that they won't stoop to in their crusa crusade -- i saw it all on this committee. someleue m try to misrepresent judge barrett's religious beliefs and affiliations. in 2017, they said absolutelied that judge barrett was too faithful or too catholic to be a judge. one senator asked whether she con
this wasn't a tax. it was never discussed in committee as a tax. even the democrats would force it through congress insisted it wasn't a tax. jeffrey toobin wrote that roberts' tax argument was, quote, unquote, not a persuasive one. president obama even said, quote, i absolutely reject the notion that it was a tax. further, democrats and their allies shouldn't claim to know how any judge would rule in any particular case. look at history, the left slammed stephens to his consistent opposition...
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house speaker boehner drew a hard-line on raising taxes but opened the door to raising more revenue. >> i would do that if the president were serious about solving our spending problem and trying to secure our entitlement programs. >> reporter: democrats think the president has a hand date to raise taxes on families making more than $250,000 a year. >> there was a message sent to us by the american people, based on the campaign, that is, people making all this money have to contribute a little more. >> reporter: democrats and republicans set to begin talks on debt reduction hoping to avoid automatic spending cuts and tax increases from kicking in at the end of the year. the president will comment on the economy today at the white house. during his victory speech tuesday he said he wants a bipartisan solution to solve the country's fiscal challenges. >> the president: i'm looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve . reducing our deficit. reforming our tax code. >> reporter: the president will make his remarks this
house speaker boehner drew a hard-line on raising taxes but opened the door to raising more revenue. >> i would do that if the president were serious about solving our spending problem and trying to secure our entitlement programs. >> reporter: democrats think the president has a hand date to raise taxes on families making more than $250,000 a year. >> there was a message sent to us by the american people, based on the campaign, that is, people making all this money have to...
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you're responsible for keeping up your property taxes and you're responsible for paying your insurance on the property. for us, it was a security blanket. the value of our house, was to fund our long-term health care. these are just a few uses of reverse mortgages. or go online to request your free information kit. without a doubt, one of the best financial tools i've learned about. everybody should be taking a look at it. if they're over 62, they should at least investigate it. for years, reverse mortgage funding has been helping customers like these use the equity from their homes to finance their lives. they know the importance of having financial security. we've got great peace of mind. whatever comes up. we're ready. i advise you to call them. make an appointment so they can tell you how it works. it's a good thing. reverse mortgage funding. access your equity. stay in your home. have peace of mind. >>> and we're back with atlanta psychologist, dr. beverly day number. you have within about races and how to build bridges. the conversation more timely than ever. i want to dive in th
you're responsible for keeping up your property taxes and you're responsible for paying your insurance on the property. for us, it was a security blanket. the value of our house, was to fund our long-term health care. these are just a few uses of reverse mortgages. or go online to request your free information kit. without a doubt, one of the best financial tools i've learned about. everybody should be taking a look at it. if they're over 62, they should at least investigate it. for years,...